Super League Enterprise, Inc. Announces Launch of Proposed Public Offering
Super League Enterprise (NASDAQ: SLE), a company specializing in playable media for brand-consumer connections, has announced the launch of a proposed public offering. The company plans to use the proceeds for general corporate and working capital needs, as well as for partial debt repayment.
The offering will be managed by Aegis Capital Corp. as the sole book-running manager on a firm commitment basis. The offering is being conducted through an effective shelf registration statement on Form S-3. However, the completion, size, and terms of the offering are subject to market conditions and are not guaranteed.
Super League Enterprise (NASDAQ: SLE), un'azienda specializzata in media interattivi per il collegamento tra marchi e consumatori, ha annunciato il lancio di un'offerta pubblica proposta. L'azienda intende utilizzare i proventi per bisogni generali aziendali e capitale operativo, oltre che per il rimborso parziale del debito.
L'offerta sarà gestita da Aegis Capital Corp. come unico responsabile del libro ordini con impegno fermo. L'offerta viene effettuata tramite una dichiarazione di registrazione a scaffale efficace sul modulo S-3. Tuttavia, il completamento, la dimensione e le condizioni dell'offerta dipendono dalle condizioni di mercato e non sono garantiti.
Super League Enterprise (NASDAQ: SLE), una empresa especializada en medios jugables para la conexión entre marcas y consumidores, ha anunciado el lanzamiento de una oferta pública propuesta. La compañía planea usar los ingresos para necesidades generales corporativas y de capital de trabajo, así como para el pago parcial de deudas.
La oferta será gestionada por Aegis Capital Corp. como único administrador del libro de órdenes con compromiso firme. La oferta se realiza a través de una declaración de registro en estantería efectiva en el Formulario S-3. Sin embargo, la finalización, el tamaño y los términos de la oferta están sujetos a las condiciones del mercado y no están garantizados.
슈퍼리그 엔터프라이즈 (NASDAQ: SLE)는 브랜드와 소비자 간 연결을 위한 플레이어블 미디어를 전문으로 하는 회사로, 공개 제안서 출시에 대해 발표했습니다. 회사는 수익금을 일반 기업 운영 및 운전자본 필요과 부분 부채 상환에 사용할 계획입니다.
이번 제안은 Aegis Capital Corp.가 단독 주관사로서 확정 인수 방식으로 관리합니다. 제안은 S-3 양식의 효력 있는 선반 등록 명세서를 통해 진행됩니다. 다만, 제안의 완료, 규모 및 조건은 시장 상황에 따라 달라질 수 있으며 보장되지 않습니다.
Super League Enterprise (NASDAQ : SLE), une entreprise spécialisée dans les médias interactifs pour la connexion entre marques et consommateurs, a annoncé le lancement d'une offre publique proposée. La société prévoit d'utiliser les fonds pour des besoins généraux d'entreprise et de fonds de roulement, ainsi que pour un remboursement partiel de la dette.
L'offre sera gérée par Aegis Capital Corp. en tant que seul gestionnaire de registre sur une base d'engagement ferme. L'offre est réalisée via une déclaration d'enregistrement sur étagère effective sur le formulaire S-3. Cependant, la réalisation, la taille et les conditions de l'offre dépendent des conditions du marché et ne sont pas garanties.
Super League Enterprise (NASDAQ: SLE), ein Unternehmen, das sich auf spielbare Medien zur Verbindung von Marken und Verbrauchern spezialisiert hat, hat die Einführung eines vorgeschlagenen öffentlichen Angebots angekündigt. Das Unternehmen plant, die Erlöse für allgemeine Unternehmens- und Betriebskapitalbedürfnisse sowie für die teilweise Schuldenrückzahlung zu verwenden.
Das Angebot wird von Aegis Capital Corp. als alleiniger Book-Running-Manager auf Festverpflichtungsbasis verwaltet. Das Angebot wird über eine wirksame Shelf-Registrierungserklärung auf Formular S-3 durchgeführt. Der Abschluss, die Größe und die Bedingungen des Angebots hängen jedoch von den Marktbedingungen ab und sind nicht garantiert.
- Potential improvement in working capital position through new funding
- Opportunity to reduce company debt burden
- Firm commitment basis from Aegis Capital Corp. as book-runner
- Potential dilution of existing shareholders' value
- Uncertainty regarding offering terms and completion
- Additional financial obligations if offering is debt-based
Insights
Super League Enterprise launches public offering to raise capital for operations and debt reduction, with details on size and pricing still undisclosed.
Super League Enterprise has commenced a public offering of unspecified securities through Aegis Capital Corp, which is acting as the sole book-running manager on a firm commitment basis. The firm commitment structure means the underwriter has agreed to purchase all offered securities, reducing the issuer's placement risk while providing certainty on capital raised.
The company plans to allocate proceeds toward general corporate purposes, working capital needs, and partial debt repayment. However, the announcement lacks critical details investors typically seek, including:
- The specific type of securities being offered
- The offering size and pricing parameters
- The amount of debt targeted for repayment
- Current cash position and burn rate
This offering is proceeding under an effective shelf registration filed in December 2024 (Form S-3, No. 333-283812), indicating the company had anticipated capital needs within this timeframe. The shelf registration gives them flexibility to issue various securities when market conditions appear favorable.
The press release includes standard contingency language noting the offering remains subject to market conditions with no assurance regarding completion timing or final terms. This is typical disclosure language for announced offerings that haven't yet priced.
Without specifics on offering size, pricing, or the company's current financial position, it's difficult to assess the potential dilution impact versus balance sheet benefits from debt reduction. The announcement represents a standard capital raising process but provides insufficient information to determine its ultimate impact on shareholder value.
SANTA MONICA, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Super League Enterprise, Inc. (NASDAQ: SLE) (the “Company”), a leader in redefining how brands connect with consumers through the power of playable media, today announced that it has commenced a public offering to offer and sell securities (the “Offering”).
The Company intends to use the net proceeds from this offering for general corporate and working capital needs, and the repayment of a portion of the Company’s indebtedness. The Company’s Common Stock is trading on the Nasdaq Capital Market under the symbol “SLE”. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
Aegis Capital Corp. is acting as the sole book-running manager for the offering on a firm commitment basis.
The offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-283812) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on December 20, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Super League Enterprise, Inc.
Super League (Nasdaq: SLE) is redefining how brands connect with consumers through the power of playable media. The Company provides global brands with ads, content, and experiences that are not only seen - they’re played, felt, and remembered - within mobile games and the world’s largest immersive gaming platforms. Powered by proprietary technology, an award-winning development studio, and a vast network of native creators, Super League is a one-of-a-kind partner for brands looking to stand out in culture, spark loyalty, and drive meaningful impact. In a world where attention is earned, Super League makes brands relevant - by making them playable. For more information, visit superleague.com.
Forward-Looking Statements
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward- looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. These risks and uncertainties include, without limitation, risks and uncertainties related to whether or not the Company will be able to raise capital through the sale of its securities; the final terms of the proposed Offering; market conditions; satisfaction of customary closing conditions related to the Offering; the Company’s ability to maintain adequate liquidity and financing sources; various risks related to the Company’s business operations; and other risks and uncertainties, including those described within the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. There can be no assurance that the Company will be able to complete the Offering on the anticipated terms, or at all. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
Shannon Devine/ Mark Schwalenberg MZ North America
Main: 203-741-8811
SLE@mzgroup.us
FAQ
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